BX: Ascending Triangle, Confirmed (36,89%)(25/1000)

SP:SPF   S&P 500 Financials

Ascending Triangle for BX (chart on left)
Confirmed with volume
Possible 36,89% gains.

This is solidified by the fact the SPF (Finance sector, chart on right) is in an ascending channel.
Watch closely as it moves from bottom to top of channel. If the price action breaks the lower support line of the channel, may be time to get out of BX.

Analysis of Blackstone:

1- Bullish Ascending triangle, Confirmed
3- PPS above 50MA and 200MA
3- R/R ratio above 5
4- 250RSI above 50 and ascending
5- 50MA above 200MA
6- 50MA and 200MA ascending
7- RS above 0 and ascending
8- Golden cross in blue
9- Volume at break out
10- ATR ascending, more volatility



BX Target price is 149,72$ which corresponds to the peak price of November 2021.

Stay humble, have fun, make money!



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